Normal
If any of you are in agreement that the US is heading for a recession (I am leaning towards it at the moment, but only just), then a look at the historical movements of the AUD/USD pair in past recessions will show that the AUD gets hammered with the strange "flight o quality" meme that permeates US markets.Hope any recession is still a bit further away, as I want to buy USD on the way upMick
If any of you are in agreement that the US is heading for a recession (I am leaning towards it at the moment, but only just), then a look at the historical movements of the AUD/USD pair in past recessions will show that the AUD gets hammered with the strange "flight o quality" meme that permeates US markets.
Hope any recession is still a bit further away, as I want to buy USD on the way up
Mick
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